Singapore — Sriwijaya Capital, a Southeast Asia-focused private equity firm, founded by prominent Indonesian business leader, Arsjad Rasjid, has signed a Memorandum of Understanding (“MoU”) with Abu Dhabi-based BlueFive Capital to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia. The partnership will focus on building a South-to-South investment corridor, connecting Gulf sovereign wealth funds, institutional investors, and family offices with growth opportunities in ASEAN. Sriwijaya Capital will draw on its network of corporates, family businesses, private banks, and limited partners across the region, while BlueFive will leverage its global network, including but not limited to its access to long-term Gulf capital and Chinese state-owned enterprises and institutions. Together, BlueFive and Sriwijaya will connect capital and opportunities between the Gulf and Southeast Asia, with a focus on high-growth sectors critical for the future.” said Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital. BlueFive Capital was founded in late 2024 and is led by Hazem Ben-Gacem, one of the longest tenured professionals in the global private equity landscape.